After-hours movers: ZoomInfo sinks on weak guidance, Arista Networks gains on results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
ZoomInfo (ZI) cut to Peer Perform at Wolf following 2Q miss and sell-off
August 2, 2023 1:41 PM EDTWolf research downgraded software company ZoomInfo (NASDAQ: ZI) to a Peer Perform rating (From Outperform), with a $15-$21 FV range, following the companys 2Q earnings release.
ZI reported 2Q23 revenue of $308.6M (missing consensus estimates of $310.94M), marking the company's first guidance miss as a public company. Operating... More
Evercore ISI Closes tactical Outperform on Arista Networks (ANET)
August 1, 2023 4:04 PM EDTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $200.00 price target on Arista Networks (NYSE: ANET)
Closing Tactical OP After Strong EarningsThe analyst comments "ANET reported impressive upside to June-qtr with rev/EPS of $1.46B/1.58 vs. street at $1.38B/$1.44 with strong ~39% y/y growth driven by ramps on the cloud and enterprise side offset... More
Deutsche Bank Downgrades ZoomInfo Technologies (ZI) to Hold, 'data asset will remain a valuable pillar'
August 1, 2023 5:11 AM EDTDeutsche Bank analyst Brad Zelnick downgraded ZoomInfo Technologies (NASDAQ: ZI) from Buy to Hold with a price target of $20.00 (from $31.00).
The analyst comments "We downgrade shares of ZoomInfo to Hold from Buy following disappointing 2Q results that largely suffered from further deterioration and down selling within the tech customer vertical. While we are implicitly closer to a bottom and... More
